Digital Asset News

Bitcoin Long-Term Holders Slow Down on Sales Amid Market Volatility Bitcoin experienced sharp price swings over the past week, falling from $116,000 to around $108,600. Despite the decline, on-chain data reveals a slowdown in Bitcoin long-term holders’ (LTH) selling activity—potentially signaling market stabilization and future accumulation. Background: Shrinking Selling Pressure from Long-Term Holders The recent…

Bitcoin Price Reaches ‘Critical Junction’: Potential Rally to $139K in Sight Bitcoin is teetering at a crucial price level, with the potential to either rebound toward $139,000 or face further losses. Market sentiment has dipped into fear territory as traders await the next decisive move. Bitcoin Faces Key Technical Decision Zone Bitcoin is currently positioned…

The crypto market is showing renewed optimism as Ripple (XRP) begins to consolidate above a key support level, fueling bullish sentiment. Meanwhile, the emerging altcoin PayFi records the highest gains on the charts, drawing attention from traders and analysts. Ripple (XRP) Gains Bullish Momentum Ripple’s native token, XRP, is witnessing a promising uptrend after a…

With recent regulatory changes from the U.S. Securities and Exchange Commission (SEC), the cryptocurrency market is positioned for a wave of over 100 new exchange-traded funds (ETFs), according to Bloomberg analyst James Seyffart. The success of Bitcoin and Ethereum ETFs is setting a precedent for broader crypto investment products. Background Following the SEC’s approval of…

Summary: XRP, one of the leading cryptocurrencies by market capitalization, has experienced substantial price volatility over the past five years. Investors who backed the asset early could be seeing significant – or underwhelming – returns today, depending on timing and price trends. This makes many traders wonder whether XRP is still the best cryptocurrency to…

The cryptocurrency market began the week under pressure, with Bitcoin (BTC) and Ethereum (ETH) experiencing significant losses. A wave of profit-taking, hedging demand, and macroeconomic uncertainty triggered nearly $1.7 billion in liquidations in just 24 hours. This sudden correction has shaken investor sentiment and reminded traders why volatility remains the defining feature of the digital…

The cryptocurrency market is full of shifting narratives, but in September 2024, one sector has taken the lead—AI tokens. These digital assets, designed around the integration of artificial intelligence and blockchain, are outperforming the broader crypto spot market. With growing buzz from Korea Blockchain Week and recent spot listings on Coinbase’s Base network, tokens like…

NBA Star Kevin Durant Recovers Forgotten Bitcoin Fortune NBA superstar Kevin Durant has regained access to a dormant Coinbase account containing Bitcoin purchased nearly a decade ago. The digital assets remained untouched for years due to lost login credentials, resulting in a windfall as prices soared past $117,000 per coin. Bitcoin Bought After 2016 Dinner…

Latin America has become a global hotspot for cryptocurrency adoption, with businesses and consumers increasingly turning to digital assets for security, stability, and efficiency. In a groundbreaking move, Toyosa S.A., the official distributor of Toyota and Yamaha in Bolivia, has announced that customers can now purchase vehicles using Tether (USDT), a USD-pegged stablecoin. This development…